A compound isolated from a natural oil is found to contain a benzene ring, a carboxylic acid group and an alkene group. A student proposes the following two-step route to convert this compound into a saturated alcohol.
Step 1: react the compound with hydrogen in the presence of a nickel catalyst. Step 2: react the product of step 1 with aqueous sodium hydroxide, followed by dilute acid.
Explain, in terms of the functional groups present, what happens in each step and why the final product is a saturated alcohol.